Portfolio Entrepreneurship in Family Firms: A Resource-based Perspective

The phenomenon of portfolio entrepreneurship has attracted
considerable scholarly attention and is particularly relevant in the
family firm context. However, there is a lack of knowledge of the
process through which portfolio entrepreneurship develops in family
firms. We address this gap by analyzing four in-depth, longitudinal
family firm case studies from Europe and Latin America. Using a
resource-based perspective, we identify six distinct resource
categories that are relevant to the portfolio entrepreneurship
process. Furthermore, we reveal that their importance varies across
time. Our resulting resource-based process model of portfolio
entrepreneurship in family firms makes valuable contributions to
both theory and practice